Lagarde: Fiscal stability is the pillar of economic stability, and the eurozone faces the risk of rising inflation
European Central Bank President Lagarde stated that fiscal sustainability is a key pillar of economic stability, and governments should abide by fiscal rules and promote fiscal consolidation. Lagarde reiterated that the economic outlook risk in the eurozone tends to be downward, while inflation risk tends to be upward, and believes that taking cautious and moderate measures to control inflation is an appropriate approach. (Source: Golden Ten Data)